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Minimize your costs while maximizing the reward.
Making sure your payroll and direct deposits are processed accurately and on time shouldn’t be a major effort for your business. The following simple business solutions make it easier for you to get your employees’ earnings into their pockets.
- You want to manage your payroll online.
- You want to reduce time spent on payroll.
- You have employees who do not have a bank account.
Payroll Direct Deposit
Direct Deposit is an efficient way to handle payroll distribution, and eliminate the expense and hassle of paying employees by check.
Deposit paychecks directly into their checking or savings accounts at the financial institution of their choice. You can also use Direct Deposit to deposit expense reimbursements, pension payments, dividends and other disbursements.
Benefits
- Eliminate check writing and expenses for stopped payments or reissues
- Reduce costs and time for reconcilement, postage and check printing
- Simplify the distribution of payroll to offsite employees
- Reduce the risk of check fraud
- Save employees time and enable deposits to be split into multiple accounts
Annika researched local banks before launching her real estate law firm, and many attorneys who worked with First Bank consistently reported having a good experience. “They visited and soon got us all of the services we needed,” she said. “It’s been a great experience for us, too.”
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Successful identity verification required. Other fees may apply. See the Terms and Conditions available in your local branch and in materials which accompany each card for complete details.